Adam Smith's Invisible Hand Refers to

question 103

Multiple Choice

Adam Smith's invisible hand refers to

• A) the government's unobtrusive role in ensuring that the economy functions efficiently.
• B) property ownership laws and the rule of the court system.
• C) the process by which individuals acting in their own self-interest bring about a market outcome that benefits society as a whole.
• D) the laws of nature that influence economic decisions.

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